• What is the definition of an Angel Investor?

Angel investors are accredited investors who invest their own money and expertise in high-growth private startups. In the United States, to be considered an individual accredited investor, one must have a net worth of at least one million US dollars, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year."


  • Is my survey information confidential?



  • How will this research be used?

We believe that this study will help identify characteristics of angel investing that will lead to more supportive policies and training to grow the number of angel investors and help fuel the success of the entrepreneurs they support. Additional value:

Diversity: Insights on the path to becoming an angel may lead to a better understanding of how to involve women and minorities as angel investors, perhaps fueling more capital to women and minority led companies.


Entrepreneurs and the startup community: Understanding who angels are, where they are located and how they think will provide better insights that could help in attracting early-stage capital.


Public policy: Legislators, regulators and government agencies create laws and regulations that can help or hurt angel investors and startups.  Having better data can lead to better policies, including ensuring the accredited investor definition doesn’t reduce the number of people who can be angel investors.


Media: Reporters often ask for data on angel investors.  This report could lead to more media stories about angel investing and startups.


  • When will the survey close?

The survey is closed.


  • How is this study being funded?

The American Angel Campaign is funded by the John Huston Fund for Angel Professionalism, raised by Rev 1 Ventures.


  • How many angels are taking part in the campaign?

We are working to reach as many American angels as possible. The more responses, the better the data will be. Help us spread the word—share the survey.


  • How can I learn more about becoming an angel investor?

As the largest professional angel development association in the world, the Angel Capital Association has a great set of articles, videos, and other content to help new and experienced angels.  Networking with other angels in your community and at national events like the ACA Summit (May 9-11 in Philadelphia) are also very helpful.


  • How can I find an angel group in my area or the right accredited platform for me?

The Angel Capital Association directory is a great place to start.